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The Real Brokerage to acquire LemonBrew Lending

Housing Wire

Publicly traded real estate firm The Real Brokerage has struck an agreement to acquire the mortgage brokerage arm of real estate and mortgage technology company LemonBrew. The Real Brokerage, headquartered in Ontario, Canada, will pay $1.25 “We are excited to be joining forces with The Real Brokerage.

Brokerage 357
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Better.com to acquire UK-based digital mortgage brokerage

Housing Wire

The company, which is expected to go public later this year, has agreed to acquire United Kingdom-based digital mortgage brokerage Trussle. Terms of the deal were not disclosed, but the Financial Times reported that SoftBank -backed Better bought Trussle for a “cut-price,” one that values the mortgage brokerage at just $9 million.

Brokerage 368
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NAR schedules proxy war with Zillow

Housing Wire

But, ironically, the emerging NAR-Zillow proxy battle comes three months after Zillow announced it is an NAR-member real estate brokerage. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. Presented by: Propertybase. Real estate agents and LOs: the great collaboration.

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Spencer Rascoff SPAC to take iBuyer Offerpad public

Housing Wire

The seven-year-old Offerpad – founded by the company’s present CEO Brian Bair – describes itself as a lean operation looking to accelerate growth. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. Presented by: Propertybase.

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Opendoor acquisition can preapprove applicants in 1 minute

Housing Wire

Instant homebuyer Opendoor has acquired “tech”-focused mortgage brokerage RedDoor , the companies announced Friday. Founded in 2018 and headquartered in Sacramento, RedDoor calls itself a “digital first mortgage brokerage” that can preapprove a loan applicant “within 60 seconds,” likely what was appealing to the iBuyer.

Brokerage 346
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ICE integrates Maxwell and Roostify to eClose solution

Housing Wire

California-based ICE Mortgage Technology announced this week two enterprise agreements to integrate its eClose solution to Maxwell and Roostify platforms, enabling a more streamlined closing process for lenders and borrowers. Roostify, a mortgage technology provider, will integrate the solution to its digital home lending platform.

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Millions will enter housing market in 2021: Zillow

Housing Wire

Technology has given consumers the power of choice and expedited the entire real estate purchasing process. Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and home sellers while also playing an expanding role as personal advisors.